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Vickrey's fundamental contributions to the economic theory of incentives, which he applied to the areas of taxation, auction … theory, and pricing. His work focused on the economics of asymmetric and private information. Critics of Vickrey's full …
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This paper models the tradeoff, perceived by central banks and other public actors, between providing the public with useful information and the risk of overwhelming it with excessive communication. An information authority chooses how many signals to provide regarding an aggregate state and...
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